Penthouse/5 Davidson Street
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About this property
Inspect by private appointment Rented until 28/05/2027 Set atop a boutique building in the heart of South Yarra, this exceptional penthouse residence offers a seamless blend of luxury, lifestyle, and location. Featuring two bedrooms, two stylish bathrooms, and two secure car spaces, it delivers elevated living with sweeping views across the Melbourne skyline and MCG. Inside, the expansive open-plan living and dining area is awash with natural light, enhanced by wide oak timber flooring and flowing effortlessly to a private rooftop terracean entertainer's dream and a peaceful retreat with unforgettable city and stadium vistas. The streamlined kitchen balances form and function with sleek stone benchtops, premium Miele appliances, and ample storagean elegant complement to the home's open design. The main bedroom is generously proportioned with built-in robes and a tranquil feel, while the second bedroom offers flexibility and soft natural light ideal as a guest room or home office. Both bathrooms feature contemporary finishes, walk-in tiled showers, and dual vanities for a touch of everyday luxury. Step outside and embrace the South Yarra lifestyle, with boutique shopping and cafés along Chapel Street, the green expanses of Fawkner Park, and the gourmet delights of Prahran Market all nearby. With South Yarra Station and trams just moments away, the CBD, arts precinct, and sporting venues are easily accessible. From sunrise coffees to sunset drinks on the terrace, this penthouse captures uninterrupted views and the essence of effortless, low-maintenance living in one of Melbourne's most exclusive pockets.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 2
- Listed
- 3 months ago
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Upfront costs
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Neighbourhood
Living in South Yarra
This 2-bedroom apartment in South Yarra, VIC 3141 sits within reach of public transport, local shops and nearby schools. It is listed 98% above the $680,000 median of 66 comparable apartmentswithin 5 km.
Schools near South Yarra
- Kamarukacombined · 2-10 · Boys
- Kamaruka - Primary Campuscombined
- Melbourne Girls Grammarcombined · Prep-12 · Girls
- Melbourne Girls Grammar - Morris Hall Campuscombined
- Christ Church Grammar Schoolprimary · Prep-6 · CoEd
- South Yarra Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Witchwood Close/Punt Road (bus) — 195 m away
- South Yarra Finer Fruit — 599 m away
- Unnamed — 211 m away
- Charles Evans Reserve — 243 m away
- Unnamed — 543 m away
South Yarra at a glance
Full suburb profile- Population
- 25,028
- Median age
- 33
- Household income
- $2,063/wk
- Median rent
- $415/wk
- Median mortgage
- $2,100/mo
Source: ABS Census.
Due diligence
Property Report
Flood Risk
None
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Medium
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Flood zone
Land Subject to Inundation Overlay (LSIO) and Yarra River 1% AEP flood extent
South Yarra has medium flood risk due to proximity to the Yarra River, which has a documented history of inundation events and is subject to Victoria's standard LSIO mapping. Properties within or near mapped flood extents are subject to planning overlays and floor-level controls. While not all of South Yarra is flood-affected, riverside and low-lying areas warrant careful flood risk assessment prior to purchase or development.
Planning controls
- Compliance with LSIO requirements for floor levels and building design in affected areas
- Flood risk assessment and management plan required for development in mapped flood zones
- Mandatory floor level requirements typically 500mm above the 1% AEP flood level
- Referral to Melbourne Water for planning permits affecting flood-prone land
Suburb market
Suburb price trend
South Yarra price trend
Median sold · Unit 2 bed
Compound growth -2.0% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full South Yarra marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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